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● LIVE Updated 1h ago Β· 15 sources tracked

Starbucks just closed 250 stores. In Oregon, 5 shut down

Starbucks is closing 250 underperforming stores across North America by the end of this week, with the majority of closures occurring in the United States. Recent closures include five locations in Oregon, including a union pioneer, and three in Seattle, one of which had been open for only eight months. Other affected areas include Southern California, where 36 locations are likely shuttered, and Virginia, including the Fan and Short Pump locations. The company is also closing a location in Greenville County.

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  • βœ“ Starbucks is closing 250 underperforming stores across North America by the end of the week.
  • βœ“ The majority of the 250 store closures are in the United States.
  • βœ“ Five Starbucks locations in Oregon have shut down, including a union pioneer.
πŸ›‘οΈ Source Corroboration: 15 independent reporting domains (90% confidence) ⏱ Read time: ~2 min

What changed

Starbucks has initiated the closure of 250 North American stores this week.

Live updates

  1. Starbucks closes 250 underperforming North American stores

    Starbucks is closing 250 underperforming stores across North America by the end of this week, with the majority of closures occurring in the United States. Recent closures include five locations in Oregon, including a union pioneer, and three in Seattle, one of which had been open for only eight months. Other affected areas include Southern California, where 36 locations are likely shuttered, and Virginia, including the Fan and Short Pump locations. The company is also closing a location in Greenville County.

    Why it matters

    This represents the second mass wave of closures since last autumn when the company shut nearly 500 US coffeehouses. The current move has sparked concern among staff regarding job security.

    What is confirmed

    • Starbucks is closing 250 underperforming stores across North America by the end of the week.
    • The majority of the 250 store closures are in the United States.
    • Five Starbucks locations in Oregon have shut down, including a union pioneer.

    Still unconfirmed

    • A Starbucks in Greenville County is closing.

    What to watch next

    • Confirmation of the total number of employees affected by these closures
    • Official company statements regarding the criteria for underperforming stores
    Sources used for this update (15)
    1. KGW β€” Starbucks closing 250 stores this week: Here's a list, so far, of locations shuttering nationwide
    2. www.marketbeat.com β€” Best NASDAQ Stocks to Buy | Up to Date NASDAQ Stock Tracker
    3. fromtheheartproductions.com β€” Roy W. Dean Grant Winners - From the Heart Productions Inc
    4. Los Angeles Times β€” Did your favorite local Starbucks just close? These 36 SoCal locations are likely shuttered
    5. OregonLive.com β€” Starbucks just closed 250 stores. In Oregon, 5 shut down β€” including a union pioneer
    6. WWBT β€” Here are the Starbucks locations closing in Virginia
    7. FOX Carolina News β€” Starbucks in Greenville County announces closure
    8. MyNorthwest.com β€” Three Seattle Starbucks locations closing, including one 8-month old Ballard location
    9. Richmond BizSense β€” Starbucks shutters Fan, Short Pump locations as part of mass closure
    10. www.newsweek.com β€” Starbucks Plan To Close Hundreds of Stores Sparks Concern for Staff
    11. www.usatoday.com β€” Starbucks closing stores. See list of shuttered locations
    12. steamykitchen.com β€” Giveaway Winners - Steamy Kitchen Recipes
    confidence 90%
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